Associate, Real Estate, Global investment Banking

Posted 03 February 2023

Associate, Real Estate, Global investment Banking at CIBC

Investment & Corporate Banking Full-time Toronto

Experience: Mid-Level
Education Required: 3 – 5 years of previous real estate, investment banking, corporate finance, and/or private equity experience.
Salary Range: Not Specified

Close date: 03 April 2023

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Position Description

CIBC Capital Markets provides corporate, government, and institutional clients with innovative solutions to help them raise capital, and grow and invest actively throughout North America, Latin America, and key financial centres around the world. Our mission is to bring Canadian Capital Markets products to Canada and the rest of the world, and also bring the world to Canada.

CIBC Capital Markets, Global Investment Banking provides equity and debt underwriting, as well as corporate finance advisory services to a broad range of public and private entities. The Real Estate Investment Banking Group at CIBC Capital Markets is dedicated to advising clients in connection with strategic financial advice in the institutional real estate space. There is an extensive amount of interaction with other groups within the firm in order to provide clients with customized financing and advisory solutions.

At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

What you'll be doing

The role of an Associate within CIBC’s Real Estate Investment Banking Group is challenging and fast-paced. It requires dedication, a passion for excellence, and an exceptional work ethic

  • Assist in developing proposals to clients and potential clients for equity and debt placements, mergers, asset or company divestitures or acquisitions, and other financial products and advisory services

  • Develop and audit sophisticated financial models

  • Participate in cross-functional teams and liaise with other units of CIBC Capital Markets in executing mandates or preparing proposals for clients

  • Conduct industry research and analysis to assist in the identification and/or analysis of investment banking business opportunities

  • Prepare industry and financial analysis to determine client recommendations

  • Lead industry comparable value and transaction precedent analyses

  • Assist in company due diligence investigations

  • Prepare offering memoranda and marketing materials

  • Assist with prospectus drafting

  • Assist in company due diligence investigations

  • Must be able to accept flexibility in required personal time commitments to complete work assignments

Relationship Building – Take advantage of in-depth technical and industry knowledge, as well as the geopolitical environment to generate ideas/opportunities that can be discussed with the relevant relationship manager and/or deal/coverage team. Coordinate client-focused and/or deal-focused “brainstorming” sessions with relevant team members and product specialists. Liaise with other units of CIBC Capital Markets in preparing proposals for clients. Develop relationships and actively communicate with various appropriate contacts at the client. Develop and maintain an internal network with product groups, other business groups, etc. Develop and maintain an external network with the market (i.e. key stakeholders, prospects, etc.) and support CIBC’s image through involvement in community activities.

Client Engagement – Play an active role in the execution of client mandates. Conduct deal-related due diligence activities and present findings internally. Participate in developing investor presentation materials and in “road show” marketing activities. Work with outside working group members including legal advisors, accounting advisors, auditors, etc. Responsible for the overall information and communication flow on deal teams

How you'll succeed

As an Associate in the Real Estate Investment Banking Group, you will be expected to provide a broad range of analytical, research and presentation preparation support to all the professionals within the group. Associates are assigned to a variety of transactions and advisory projects, such as mergers & acquisitions, brokerage transactions, divestitures, equity and debt financings, and strategic advisory projects. As part of the Real Estate Investment Banking Group, you will gain exposure to working with individuals from various groups across the firm. A team approach to executing coverage and financing assignments is designed to provide progressive, on-the-job training.

What CIBC offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

  • We work to recognize you in meaningful, personalized ways including a competitive compensation, incentive pay, banking benefits, a health benefits program, defined benefit pension plan, an employee share purchase plan and MomentMakers, our social, points-based recognition program.

  • Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.

  • We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

Required Skill / Experience

  • Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.

  • Education you’ve completed. 3 – 5 years of previous real estate, investment banking, corporate finance, and/or private equity experience. CA, CPA, CFA or MBA designations are also appreciated.

  • Detail-oriented. Extremely dedicated and motivated individual with high career aspirations. Must be capable of assuming high levels of responsibility within short time frames.

  • Technical skills (programs, methodologies, systems). Excellent analytical abilities, including demonstrated knowledge of valuation techniques and practices. Knowledge of accounting principles relating to financial statement preparation and business combinations. Strong technical skills as it relates to Microsoft Office applications (Excel, Word, PowerPoint), industry technology (Bloomberg & FactSet) and applicable software (Argus Enterprise).

  • Industry experience. Detailed, professional-level knowledge of the Canadian real estate sector is preferred.

  • Collaborative. Well-developed interpersonal and relationship-building skills in order to develop, manage and leverage relationships with clients, and internal and/or external business partners. Well-developed written and verbal communication skills sufficient to provide detailed explanation and interpretation of factual and conceptual information and ideas related to complex technical and conceptual issues. Unquestioned professionalism, ethics and reputation and proven ability to exercise strong independent judgment when making business decisions and/or representing CIBC Capital Markets.

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